The global vitamin ingredients market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Vitamin Ingredients are obtained from natural sources such as plants, fruits, vegetables, and animals. Vitamins support in the basic development of essential nutrients and increase the metabolism of the body. These vitamins ingredients provide instant nourishment and minimize the risk of contracting various disorders related to the eyes, heart, bones, legs, and others. The rise in the application of vitamins in the food and beverage, beauty and personal care, dietary supplements, and pharma industries are major factors that are driving the growth of the market.
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Vitamin deficiencies are the main cause of nutritional deficiencies across the globe. Deficiencies of various vitamins are a concern for public health. Furthermore, there has been an increase in demand for vitamin A by the healthcare industry, due to a rise in cases of ophthalmic illness in children, the surge in the aging population, and an increase in awareness toward eye care is driving the growth of the market. Vitamin B is used in animal fodder to maintain normal health in animals and supports in maintaining the nutrients deficiency in the body.
Scope of the Vitamin Ingredients Report
The research study analyzes the Vitamin Ingredients industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Vitamin Ingredients Market Segmentation:
By Type
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Vitamin E
- Vitamin K
By Form
- Solid
- Liquid
- Powder
By Application
- Cosmetics
- Animal Feed
- Pharmaceuticals
- Processed and Packaged Food and Beverages
- Personal Care
Some major players in the market include BASF SE, Lonza Group AG, Amway Corp., and Koninklijke DSM NV, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2021, DSM launches vitamin D products for the Asia-Pacific region. The product is calcifediol (25- hydroxyvitamin D3), a common form of vitamin D found in the human body and bloodstream.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vitamin Ingredients Market Report
- What was the Vitamin Ingredients Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Vitamin Ingredients Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Vitamin Ingredients Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Vitamin Ingredients market.
- The market share of the Vitamin Ingredients market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Vitamin Ingredients market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Vitamin Ingredients market.
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